Pricing Products

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Pricing Products – Watch the video https://www.lynda.com/Marketing-tutorials/Linking-marketing-pricing-strategy/661802/722874-4.html?org=strayer.edu
and answer the following questions:

Question One

After watching the pricing video, refer back to your Million Dollar Idea from Week 6. Choose the most beneficial pricing strategies and suggest two ways in which this selection could potentially affect consumer adoption of the new product.
Question Two

Provide a rationale for your answer and post the link in your discussion, using APA formatting, for everyone to read.
Question Three

Imagine that you are a manager at a brick-and-mortar store that has an online storefront as an additional source of revenue. The company has tasked you with creating ideas to improve logistics in order to increase profitability. Discuss at least two ideas and how these will increase profitability.

Sample Solution

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Healthcare rationing

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Compose a well-written response paper to the following question: Health care rationing involves selecting, on some basis, those who will have access to health care services and those who will not. There are those who favor rationing by age, some who favor rationing by disease and those who favor rationing by income (unfortunately, this is what we currently have in the United States).
What are your thoughts on healthcare rationing? Do you agree or disagree with the concept?
What type of rationing would you support in the United States? What are the other alternatives (as you see it) if you do not support rationing?
What are your thoughts about rationing of healthcare in other countries?

Sample Solution

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Elasticity – “Discussed some of the points in detail.”

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In 2004, Congress allocated over $20 billion to fight illegal drugs. About 60 percent of the funds was directed at reducing the supply of drugs through domestic law enforcement and interdiction. Some critics of this approach argue that supply-side approaches to reduce the drug supply actually help drug producers.

Demonstrate graphically the effect of supply-side measures on the market for illegal drugs.
Explain how these measures affect drug producers. (Hint: Consider the elasticity of demand).
Demonstrate the effect of demand-side measures such as treatment and prevention on the market illegal.
How does the shift in demand affect the profitability of producers?
See this videos for more information
https://youtu.be/4oj_lnj6pXA
https://youtu.be/HHcblIxiAAk

Sample Solution

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Jesus as Deity, the Holy Spirit or Eternal Life

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Write a paper describing one of the three doctrines listed here (Jesus as Deity, the Holy Spirit or Eternal Life) as described/developed by John. Only focus on this doctrine as described/developed by John. The majority of the content and use of Scripture must come from what John’s Gospel says about the doctrine chosen. The paper must contain at least 5 full pages of content (not including title page or bibliography) and must be double-spaced. In addition to an introduction and conclusion, students must reference the Bible, the Kostenberger and Morris textbooks, and at least two outside sources.

Sample Solution

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